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Regulatory

Contributors

Aki Corsoni-Husain
Aki Corsoni-Husain
  • Aki Corsoni-Husain

  • Partner
  • Cyprus
George Apostolou
George Apostolou
  • George Apostolou

  • Partner
  • Cyprus
Jermaine Case
Jermaine Case
  • Jermaine Case

  • Associate
  • British Virgin Islands
Chiara Deceglie
Chiara Deceglie
  • Chiara Deceglie

  • Partner
  • Luxembourg
Massimiliano della Zonca
Massimiliano della Zonca
  • Massimiliano della Zonca

  • Senior Associate
  • Luxembourg
Philip Graham
Philip Graham
  • Philip Graham

  • Partner
  • British Virgin Islands
Ayana Hull
Ayana Hull
  • Ayana Hull

  • Counsel
  • British Virgin Islands
Katerina Katsiami
Katerina Katsiami
  • Katerina Katsiami

  • Associate
  • Cyprus
Petros Kiteos
Petros Kiteos
  • Petros Kiteos

  • Associate
  • Cyprus
Andrew Knight
Andrew Knight
  • Andrew Knight

  • Partner
  • Luxembourg
Evi Koutsioumpa
Evi Koutsioumpa
  • Evi Koutsioumpa

  • Associate
  • Luxembourg
Joshua Mangeot
Joshua Mangeot
  • Joshua Mangeot

  • Counsel
  • British Virgin Islands
Mirza Manraj
Mirza Manraj
  • Mirza Manraj

  • Counsel
  • Hong Kong
Elina Mantrali
Mirza Manraj
  • Elina Mantrali

  • Associate
  • Cyprus
Vanessa Molloy
Vanessa Molloy
  • Vanessa Molloy

  • Partner
  • Luxembourg
Andrea Moundi Savvides
Andrea Moundi Savvides
  • Andrea Moundi Savvides

  • Associate
  • Cyprus
Marina Stavrou
Marina Stavrou
  • Marina Stavrou

  • Associate
  • Cyprus
Matt Taber
Matt Taber
  • Matt Taber

  • Partner
  • Cayman Islands
Carolynn Vivian
Carolynn Vivian
  • Carolynn Vivian

  • Senior Associate
  • Cayman Islands

Access to beneficial ownership details filed with the Luxembourg register of beneficial owners

The Luxembourg Business Registers (LBR) is responsible for the management of the Luxembourg register of beneficial owners (Registre des bénéficiaires effectifs or RBE), an official companies register subject to the authority of the Luxembourg Minister of Justice.

Since 1 September 2019, the general public and national authorities tasked with combating money laundering and the financing of terrorism are able to access the RBE database online, free of charge, through the RBE portal.

Extracts from the RBE can be ordered from the manager of the register and all data held in the RBE database can be consulted, with the exception of personal data (addresses and personal identification numbers) and data covered by an access restriction order.

Under Luxembourg law, companies and beneficial owners can file a request to restrict public access to beneficial ownership details. Such restrictions must be time-limited and justified by appropriate circumstances, such as:

  • a disproportionate risk of fraud, kidnapping, blackmail, extortion, harassment, violence or intimidation
  • if the beneficial owner is a minor or legally incapacitated

If the request to restrict access to beneficial ownership details is approved by the manager of the register, beneficial ownership details will only be accessible to national authorities, lending institutions, financial institutions, bailiffs and notaries.

The manager of the RBE register’s decisions concerning requests to restrict access to beneficial ownership details are also published on the RBE website.

Relevant legislation and circulars can be found here.